KAITO is trading inside a well-defined falling wedge pattern on the 8H timeframe. Price has now reached the lower boundary of the wedge and is reacting near a key demand zone around 0.40–0.38, where buyers previously stepped in.
Falling wedges are typically bullish reversal structures. As long as price holds above the lower trendline, a bounce and gradual push higher remain likely. A confirmed breakout above wedge resistance would open the path toward 0.52, followed by the major level near 0.74.
A clean breakdown below 0.38 would invalidate the setup.
KAITO
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